2021
DOI: 10.30880/ijie.2021.13.06.021
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A Technical Review on Reliability and Economic Assessment Framework of Hybrid Power System with Solar and Wind Based Distributed Generators

Abstract: Recent years have witnessed an upsurge in the penetration of solar and wind power. This can be chiefly attributed to worldwide climate concern and inclination towards low carbon sources. Owing to their abundant availability, solar and wind sources are projected to play a key part in de-carbonization of power sector. However, the variability of these sources and high initial cost pose a major challenge in their deployment. Thus, reliability and economic assessment is imperative to hybrid power system(HPS) with … Show more

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Cited by 7 publications
(2 citation statements)
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“…ese factors are grouped according to memberships and form an ordered hierarchical structure [23,24]. Pairwise comparisons of the importance of the indices are performed through the experiences of experts to determine the sequence of the importance of factors to the decision-making goal (weights).…”
Section: Weight Calculation Based On Ahpmentioning
confidence: 99%
“…ese factors are grouped according to memberships and form an ordered hierarchical structure [23,24]. Pairwise comparisons of the importance of the indices are performed through the experiences of experts to determine the sequence of the importance of factors to the decision-making goal (weights).…”
Section: Weight Calculation Based On Ahpmentioning
confidence: 99%
“…The discount rate at which the net present value (NPV) of all future cash flows is zero is known as the IRR [25,26]. Some of the most common measures and target functions for the reliability of an HRES system described by [27] are as follows:…”
Section: Introductionmentioning
confidence: 99%